139 Avenida Sierra

San Clemente, CA 92672

  • 7 Bed(s)
  • 5 Bath(s)
  • 3,678 Sqft
  • 17947
    Sqft(Lot)
$5,500,000

Description

135/137/139 avenida sierra | located on the ocean side of the 5 freeway in an established san clemente neighborhood, this multi-unit income property could be the opportunity of a lifetime. set on three separate parcels in close proximity to local beaches, parks, the metrolink and many shopping/dining options, the property includes approximately 17,947 square feet and five units. an ocean view is available from the upper unit and the potential exists to build a new structure up from the spacious parking lot to capitalize on panoramic views of the ocean, city lights and hillsides. currently, the property grosses over $10,200/month; 4 of the units are rented and records are available from the owner. an additional adu could be upfitted to receive a permit and potentially bring another income stream totaling around $1,500/month. a 3-car garage and shared laundry add to the current investment value and versatility. with the potential to subdivide and build three single family homes, the property could deliver a substantial return on investment. the options are endless: live in the upper unit and enjoy the ocean breeze while renting the others, create a family compound, realize a 1031 exchange to avoid capital gains or purchase solely as an investment and avoid the stress/fluctuations of the financial markets. considering the premium location and the idea that the demand for southern california real estate is unlikely to abate, the time to act is now. with the potential for appreciation and a current income stream, this versatile property could be a chance to build a legacy spanning multiple generations.

  • Property Type

    Residential Income

  • County

    Orange

  • Style

    Residential Income

  • AD ID

    48354108

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Cooling Features

    • None
    • Air Conditioning

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1948
    • Building Area Total: 3,678

    Pool Features

    • None

    Laundry Features

    • Common Area,Laundry Room

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.412
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 17947

  • Listing Price Information

    • Original List Price: 5,500,000
    • Listing Contract Date: 2025-01-15

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 05703108

  • Garage and Parking

    • Garage Description: Garage,On Site,Oversized,Paved

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: All Utilities,Other,Water

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: SN - San Clemente North
    • Postal Code Plus 4: 3824
    • Directions: Cross Streets: Estrella & La Placentia
    • Source Property Type: Residential Income
    • Area: SN - San Clemente North
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 77
    • Common Walls: No Common Walls
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 01/31/2025 @ 09:58

  • MLS: LG25009353
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 7 bedrooms which is for sale, it has 3,678 sqft, 17,947 sized lot, and 3 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of San Clemente , in zip code 92672, this Orange County Home , it is in the other Subdivision, are nearby neighborhoods.